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ABG Infralogistics’ arm receives LOA from V. O. Chidambaranar Port Trust

08 Aug 2012 Evaluate

ABG Infralogistics’ step down subsidiary - ABG Container Handling, has been issued a letter of award (LOA) dated August 07, 2012 by the V. O. Chidambaranar Port Trust for the conversion of its Eighth Berth as a Container Terminal on Build, Operate and Transfer (BOT) basis.

Recently, the company’s step down subsidiary, ABG-LDA Bulk Handling in consortium with IL&FS Maritime Infrastructure Company had been issued a LOA dated March 08, 2012 by the Visakhapatnam Port Trust for the installation of Mechanised Fertiliser Handling Facilities at EQ 7 berth in inner harbour on Design, Build, Finance, Operate and Transfer (DBFOT) basis at a revenue share of 21.25%.

ABG Infralogistics has made remarkable achievements in owning, operating, maintaining & giving on hire cranes including heavy duty cranes to a wide spectrum of services and Industry. Substantial investments have been made in crawler cranes, truck cranes, tower cranes including ordering the world’s largest crawler crane having a lifting capacity of 3200MT i.e. Demag CC8800-1 TWIN.

Peers
Company Name CMP
Sagility 42.80
Prime Focus 317.30
Knowledge RealtyTrt. 113.38
Indegene 604.60
Syngene Internatl. 368.20
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